1751 East Reno Avenue 122, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
Loading property details...
1751 East Reno Avenue 122
Las Vegas, NV 89119
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,164Sq Ft
0Lot Size
Property Price
LIST PRICE$199,000
EST. MARKET VALUE
$195,212
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $199,000—positioned well below the $195,212 Fair Market Value by -1.9%. While the property is priced slightly above market, its Fair Condition Rating and 1,164 sqft layout offer significant value-add potential through interior modernization. Featuring a community pool and private patio, this asset is well-positioned for rental demand near the Las Vegas Strip. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking a project with long-term appreciation potential.
Estimated Market Value
$195,212
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1751 East Reno Avenue 122 Subject | $199,000* List Price | 2 | 2 | 1,164 | $168 | - |
A 1751 E RENO Avenue 217 Sold | $199,500 | 2 | 2 | 1,164 | $171 | 0.0 mi |
B 1751 E Reno Avenue 128 Sold | $188,485 | 2 | 2 | 1,164 | $162 | 0.0 mi |
C 1751 E Reno Avenue 128 Sold | $188,485 | 2 | 2 | 1,164 | $162 | 0.0 mi |
D 1751 East Reno Avenue 105 Sold | $180,000 | 2 | 2 | 1,164 | $155 | 0.1 mi |
E 1751 E Reno Avenue 217 Sold | $199,500 | 2 | 2 | 1,164 | $171 | 0.0 mi |
F 5040 Spencer Street D Sold | $220,000 | 2 | 2 | 1,000 | $220 | 0.1 mi |
G 2210 E University Avenue 106 Sold | $180,000 | 2 | 2 | 1,305 | $138 | 0.9 mi |
H 1404 Santa Anita Drive B Sold | $199,000 | 2 | 3 | 1,114 | $179 | 0.7 mi |
I 1751 East Reno Avenue 109 Active | $218,800 List Price | 2 | 2 | 1,164 | $188 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1985 (39 years old) and appears largely dated. While it features some newer vinyl plank flooring, the kitchen retains original-style oak cabinetry, dated tile countertops, and fluorescent light boxes. The presence of popcorn ceilings and older mirrored walls suggests the interior systems and finishes are over 20 years old, fitting the 'Fair' criteria for needing updates despite being functional.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated minutes from the Las Vegas Strip, UNLV, and Harry Reid International Airport, this property offers exceptional convenience for commuters, students, and hospitality professionals.
- Desirable First-Floor Access
As a ground-floor unit, this condo provides excellent accessibility and ease of entry, making it highly attractive to a broad demographic of buyers and renters.
- Competitive Value Proposition
Priced under $200,000 for a spacious 2-bedroom, 2-bathroom layout with over 1,100 square feet, this unit represents a strong entry-level or investment opportunity in a high-demand area.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1985, the property may require capital improvements or interior modernizations to address dated finishes and ensure long-term mechanical efficiency.
- Underperforming School District
The assigned public schools carry low performance ratings, which may limit the property's appeal to families with school-aged children and impact long-term appreciation.
About 1751 East Reno Avenue 122
Prime Las Vegas Location! Situated just minutes from the world-famous Las Vegas Strip, this charming first-floor condo offers unbeatable access to premier dining, entertainment, and shopping. Whether you're catching a show, exploring nightlife, or enjoying the city's renowned culinary scene, everything is within reach. This centrally located 2-bedroom, 2-bathroom home also boasts easy connectivity to major hotspots such as Harry Reid International Airport (formerly McCarran), the Las Vegas Convention Center, UNLV, and key freeway access points, making commuting a breeze. Inside, enjoy a functional and comfortable layout perfect for everyday living or entertaining. The community features a sparkling pool, ideal for relaxing and unwinding under the Nevada sun. Whether you're a local or just relocating, this condo places you in the heart of it all. Don’t miss your chance to live in one of the most vibrant and accessible areas of Las Vegas!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350 / Month
Neighborhood Insights
Las Vegas Unified Schools
Jack Dailey Elementary School
Grades PK-5 • 0.2 mi
6/10
Gene Ward Elementary School
Grades PK-5 • 0.3 mi
2/10
Helen C Cannon Junior High School
Grades 6-8 • 1.1 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,164 | 1,059.468 |
| Lot Size | - | 6,055.359 |
| Price | $199.0K | $225.8K |
| Price per sq ft | $171 | $213 |
| Built year | 1985 | 1996 |
| HOA | $350 | $254 |
| Days on market | 33 | 71 |
Pricing History
Listed for Sale
Aug 7, 2026
$199,000
Initial Listing